• It is loan that offers options for clients interested on purchasing new / second-hand units with affordable monthly interest payments giving our clients the luxury of getting their desired units.

Loan Amount: Maximum of 70% of the selling price or unit price

Term:  For New Units - with year model 5 years from the present year of purchase. Max amount to be financed is 1M but subject to appraisal.

    For 2nd Hand Units - with year model 10 years from the present year of purchase. Max amount is 500,000.00. 

                                                  With 10-15 years base from the present year of purchase. Max amount is 200,000.00.          

Mode of Payment: Monthly

Qualification Requirements:

1. 2x2 or 1x1 ID Picture

2. Valid Photo Bearing ID

3. Picture of the vehicle

4. Chattel Mortgage duly signed by the client

5. Life Insurance

6. Vehicle Comprehensive Insurance

7. Proof of down payment (Official Receipt)

8. Signed Deed of Sale and Encumber Certification of Registration (after it has been processed)

9. Vehicle Appraisal Report

10. Any Proof of Income / ITR / AFS

11. Statement of Account showing repayments or payments;

it can be either (post paid plan billing payments, credit card billing payment, loan amortization payments, insurance  payments).